PODCAST: RI Employment Situation is Worse than Reported

GoLocalProv News Team

PODCAST: RI Employment Situation is Worse than Reported

The employment market in Rhode Island ranks as one of the nation's worst since the start of the "Great Recession." The Department of Labor recently reported that Rhode Island's unemployment is now ranked as the worst in the country. Last week, the RI Department of Labor and Training released the state's unemployment rate from November (9.0%), which was down slightly from October (9.2%), but still ranked as the highest in the nation (tied with Nevada). The National Unemployment rate for the month of November was 7.0 percent .

Pew Research: New England Employment Figures From FY2007 to FY2013

#1 Vermont

CY2007 Employment-population ratio: 83.5%

FY2013 Employment-population ratio: 82.6%

Percentage point change, CY2007-FY2013: -0.9

Statistical significance of percentage point change, CY2007-FY2013: not significant

#2 New Hampshire

CY2007 Employment-population ratio: 85.1%

FY2013 Employment-population ratio: 82.4%

Percentage point change, CY2007-FY2013: -2.7

Statistical significance of percentage point change, CY2007-FY2013: not significant

#3 Massachusetts

CY2007 Employment-population ratio: 80.3%

FY2013 Employment-population ratio: 79.1%

Percentage point change, CY2007-FY2013: -1.3

Statistical significance of percentage point change, CY2007-FY2013: not significant

#4 Connecticut

CY2007 Employment-population ratio: 81.8%

FY2013 Employment-population ratio: 77.1%

Percentage point change, CY2007-FY2013: -4.8

Statistical significance of percentage point change, CY2007-FY2013: significant

#5 Rhode Island

CY2007 Employment-population ratio: 82.5%

FY2013 Employment-population ratio: 76.8%

Percentage point change, CY2007-FY2013: -5.7

Statistical significance of percentage point change, CY2007-FY2013: significant

#6 Maine

CY2007 Employment-population ratio: 81.3%

FY2013 Employment-population ratio: 76.6%

Percentage point change, CY2007-FY2013: -4.6

Statistical significance of percentage point change, CY2007-FY2013: significant

United States Average

CY2007 Employment-population ratio: 79.9%

FY2013 Employment-population ratio: 75.9%

Percentage point change, CY2007-FY2013: -4.1

Statistical significance of percentage point change, CY2007-FY2013: significant

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